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Microcap & Penny Stocks : Calton, Inc. (CN)
CTON 0.8000.0%Oct 30 4:00 PM EDT
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To: KINGTUNA who wrote (58)6/1/2001 10:56:36 AM
From: Glenn Petersen  Read Replies (2) of 67
 
When I started this thread almost two years ago, the price was 1 3/8. That works out to 6 7/8 when you adjust for the reverse split. Not a lot of progress for two years. LOL.

If my memory is accurate, they have about $7.50 in cash per share. My guess is that the stock trades at a 50% discount to its cash value, somewhere around $1.25 per share after the distribution.
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